The company estimates sales for the current quarter could be roughly 37% lower than a year ago, even as CEO Barry McCarthy says the turnaround is ahead of schedule.
Peloton Shares Slump on Weak Sales Forecast
Name Art / 03/11/2022 / Business News
Category Business News
Tag C&E Exclusion Filter C&E Industry News Filter Consumer Goods Content Types corpearnings corporate Corporate/Industrial News disruptions Earnings Earnings Projections Factiva Filters Financial Performance forecast general news health industrial news leisure Leisure/Travel Goods lifestyle living Living/Lifestyle Management mental fitness Peloton Peloton Interactive physical Physical/Mental Fitness political Political/General News PTON Sales Sales Figures Senior Level Management share price movement Share Price Movement/Disruptions Shares Slump Sports Equipment Sports Goods SYND travel goods Weak WSJ-PRO-WSJ.com wsjcorp